Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Gold futures inches up as investors track Trump-Xi talks
New Delhi: Gold prices rose marginally by 0.21 per cent in futures trade on Thursday, May 14, as traders tracked ongoing talks between US President Donald Trump and his Chinese counterpart Xi…
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Wholesale price inflation rises to 8.3 pc in April
New Delhi: Wholesale price inflation shot up to 8.30 per cent in April, from 3.88 per cent in March, led by a sharp spike in prices of fuel, power and crude petroleum.…
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Uber to expand Centre of Excellence in Hyderabad
Hyderabad: Uber Technologies is expanding its Centre of Excellence in Hyderabad, the company’s Chief Executive Officer (CEO) Dara Khosrowshahi announced after meeting Telangana Chief Minister A Revanth Reddy at his residence in…
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Amazon Bazaar records 4 times rise in orders from AP, Telangana
Hyderabad: Amazon Bazaar has recorded a four times increase in orders from Andhra Pradesh and Telangana year-over-year, with Hyderabad leading with a four-time increase in new customer sign-ups, a senior official said…
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Asian shares trade mixed after Wall Street rally despite Iran war worries
Tokyo: Asian shares traded mixed early Tuesday, May 12, as optimism encouraged by a record rally on Wall Street clashed with anxiety about surging oil prices and a possible AI bubble. Japan‘s…
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India’s growth to slow to 6.7 pc on waning momentum, oil price shock: BMI
New Delhi: India’s economic growth is likely to decelerate to 6.7 per cent in the current fiscal, from 7.7 per cent in 2025-26, with the GDP expansion expected to slow significantly due…
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Railways utilised 98 pc of its budget for FY26: Ashwini Vaishnaw
New Delhi: Indian Railways utilised 98 per cent of its budget for FY26, reflecting the pace of execution of projects, and in the days to come, trains will dominate flights on several…
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Saudi: Aramco sees 25 pc more profit after shifting exports from Hormuz
Aramco, the world’s largest oil company, said on Sunday, May 10, its first quarter profit jumped 25 per cent as the Iran war disrupted oil supplies and raised prices. Dhahran, Saudi Arabia-based…
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Royal Enfield announces Rs 2,200 Cr AP plant amid Kolar showroom Kannada row
Bengaluru: Leading two-wheeler manufacturer Royal Enfield has announced plans to establish a massive new manufacturing facility in Andhra Pradesh with an estimated investment of Rs 2,200 crore, a move expected to generate…
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Rupee falls 45 paise to 94.67 against US dollar in early trade
Mumbai: The rupee depreciated 45 paise to 94.67 against the US dollar in early trade on Friday, as Brent crude prices rose back to USD 101.00 per barrel after US and Iranian…
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Hyderabad-based Skyroot Aerospace becomes India’s first space-tech unicorn
New Delhi: Hyderabad-based private space launch startup Skyroot Aerospace on Thursday, May 7, said it has raised $60 million in a fresh funding round led by existing investors Sherpalo Ventures and Singapore’s…
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Alcoholic beverage industry seeks price hike amid rising costs from West Asia crisis
New Delhi: Alcoholic beverage makers have sought a reasonable price hike from state governments to deal with pressures arising out of rising can and bottle costs due to supply chain disruptions triggered…
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Andhra bags Royal Enfield’s Rs 2,200 crore first expansion project outside Tamil Nadu
Amaravati: Royal Enfield, a motorcycle manufacturer owned by Eicher Motors, will invest Rs 2,200 crore to establish a manufacturing facility and vendor park at Satyavedu in Tirupati district, marking the company’s first…
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Vodafone Idea shares surge over 5 pc
New Delhi: Shares of Vodafone Idea jumped over 5 per cent on Wednesday, May 6, as Aditya Birla group Chairman Kumar Mangalam Birla will now steer the debt-ridden firm as its new…
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Samsung crosses USD 1 trillion valuation as AI boosts demand for chips
Samsung Electronics is now worth USD 1 trillion, joining a tiny club of the world’s most valuable companies, after a global rush to build artificial intelligence (AI) systems sent demand for its…
